Coromandel Engineering Company Ltd — Others, 25-08-2025: AGM/EGM

Coromandel Engineering has announced its 77th Annual General Meeting on September 18, 2025, to approve its annual report and key business items. For FY25, the company recorded a net profit of ₹0.41 Cr, a significant turnaround from a ₹4.40 Cr loss last year, despite a 67% revenue decline, thanks to cost efficiencies. Net worth grew to ₹6.25 Cr. Post-FY, the company completed a ₹6.61 Cr preferential equity issue and is expanding into new sectors. Shareholders will also consider related party transactions up to ₹200 Cr for services and ₹10 Cr for unsecured loans. A new Chairman and Managing Director were appointed.